Borrow: Taxes payable-VAT payable (transfer-out unpaid VAT)
Loan: Taxes payable-VAT unpaid
Borrow: tax payable-value-added tax payable (export is deducted from the taxable amount of domestic products)
Loan: Taxes payable-VAT payable (export tax rebate)
Two, the tax payable is negative, that is, there is a tax credit at the end of the period, and the input tax that is not fully deducted is not made as an accounting entry; When the tax allowance is greater than the tax amount of "exemption, credit and refund", all tax refunds can be made, and the tax allowance is 0. At this point, the accounting treatment is as follows:
Borrow: Subsidies receivable
Loan: Taxes payable-VAT payable (export tax rebate)
Three, the tax payable is negative, that is, there is a tax credit at the end of the period, and the input tax that is not fully deducted is not made as an accounting entry; When the tax allowance is less than the tax deduction, the tax refund amount is tax allowance, and tax allowance = tax allowance-tax allowance. At this point, the accounting treatment is as follows:
Borrow: Subsidies receivable? Taxes payable-VAT payable (exports are deducted from taxes payable for domestic products)
Loan: Taxes payable-VAT payable (export tax rebate)
Four, the accounting treatment of export tax rebate of production enterprises is a difficult point in accounting practice. At present, China implements the tax management method of "exemption, credit and refund" for the value-added tax of self-produced goods exported by production enterprises. In the tax law, there are three steps to deal with "exemption, credit and refund":
1, tax payable in current period = output tax of goods sold in current period-(input tax in current period-tax amount that cannot be reduced or exempted from tax refund in current period)-tax amount retained in current period;
2. Tax-free amount = FOB price of export goods × RMB foreign exchange quotation × tax refund rate of export goods;
3. Current tax allowance = current tax allowance-current tax refund.
Extended data
situation
(1) must be goods within the scope of VAT and consumption tax collection. The collection scope of value-added tax and consumption tax includes all taxable goods of value-added tax except duty-free agricultural products directly purchased from agricultural producers, as well as 1 1 consumer goods such as cigarettes, alcohol and cosmetics listed as consumption tax.
The reason why this condition must be met is that the tax refund (exemption) for export goods can only be refunded or exempted from the tax paid for goods with VAT and consumption tax. Goods that are not subject to value-added tax and consumption tax (including goods exempted by the state) cannot be refunded, so as to fully embody the principle of "no refund if there is a levy".
(2) It must be the goods declared for export. The so-called export, that is, export gateway, includes self-operated export and entrusted agent export. Distinguishing whether goods are declared for export is one of the main criteria to determine whether goods are within the scope of tax refund (exemption). Unless otherwise stipulated, any goods sold in China that have not been declared abroad, regardless of whether the export enterprise settles in foreign exchange or RMB, or how the export enterprise handles the financial affairs, will not be regarded as export goods and will be refunded.
Foreign exchange receipts sold in China, such as hotels and restaurants, cannot be refunded (exempted) because they do not meet the export conditions.
(3) It must be the goods for financial export. Export goods can only be refunded (exempted) after they are financially sold and exported. That is to say, the provisions of export tax refund (exemption) are only applicable to trade export goods, not trade export goods, such as donated gifts, goods purchased by individuals in China and taken out of the country (unless otherwise stipulated), samples, exhibits, postal items, etc. You can't refund (exempt) tax according to the current regulations because it is generally not sold.
(4) It must be the goods that have been received and written off. According to the current regulations, the export goods that export enterprises apply for tax refund (exemption) must be goods that have received foreign exchange and have been written off by foreign exchange management departments.
The state stipulates that the goods exported by foreign trade enterprises must meet the above four conditions at the same time. When applying for tax refund (exemption) for export goods, production enterprises (including those with import and export operation rights, production enterprises entrusted by foreign trade enterprises and foreign-invested enterprises, the same below) must attach a condition, that is, the goods applying for tax refund (exemption) must be the goods produced by the production enterprise or regarded as self-produced goods before they can apply for tax refund (exemption).
Refer to Baidu Encyclopedia Export Tax Refund